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The Point of Sale (POS) system will be key to success. Mobile payment is great, but I have to think that most places that dispense cannabis will be using POS system. Think about the POS development changed how Bars operate.
Canabis sales are expected to be 2.3 billion this year and near 50 billion by 2018 possible more once more states approve recreational use. Lets hope Sing can get a nice market share of payment processing and that attorney general approves.
See post 11285 from today..
Canabis is thr market that is growing faster than smart phones according to article in huffinton post.
GLTA
Cuz its old news. We knew the company purchased another company and had over 1 million in sales (they also had 1 million in added expenses too) as a result. This was announced back in Nov. 2013. This was just the official final number. Nothing new really.
If news includes new contracts, deals or prelim. results of the golflogix campaign, then you might see some movement. As the company has a real product, it will only see real permanent movement on earnings, deals, or acquisitions. Everything else is a non-starter. Slow and steady. I'd rather wait 3-6 months for meaningful news accompanied by a sizeable and permanent increase in stock price. I'm in this for the long term, not the blips up and down the price scale personally.
GLTA
Check out the results of google search that appeared when I searched "market growth outpacing smartphones"
Check out 1st and second results! Wow!
https://www.google.com/search?q=outpacing+smartphones+in+terms+of+rapid+growth
Check out the results of google search that appeared when I searched "market growth outpacing smartphones"
Check out 1st and second results! Wow!
https://www.google.com/search?q=outpacing+smartphones+in+terms+of+rapid+growth
Seems like people are waiting on news. Coikd habe bad effect if its ordinary and people are expecting something ginormous. It will likely be good like a possible new contract or maybe an update on golflogix campaign.
Who knows.
GLTA
Thanks!!
What makes you say that?
OK thanks. That helps.
That's my original question. HOW? when I use the phone link provided by text, and go to upgrade ($19.99), the payment processor that comes up is Googlepay.
yes I have a google pay account set up on my phone. I just wonder if someone else has googlepay as a default, how does Singlepoint get credit? Isn't googlpay a payment processor? Is that were I am going wrong?
Thanks for your patience
OK, so they are not running the payment processing for Golflogix, just their other service of providing the link via text.
That makes sense.
Thanks, I see how that works, but when I go to pay for upgrade, my phone goes to my googlewallet. So my question is, what measures do they have to ensure that the payment is processed via singlepoints system?
I want to refer my friends via facebook and such about the number but want to be sure singlepoint gets the credit for payment.
Quick question
The article states:
"The GolfLogix TV spot began running last Thursday, and our phones have been ringing with customer inquiries and membership upgrades."
Who is calling Single Point? Golflogix users or other companies? It doesn't make sense that a user would be calling single point if everything is supposed to be done via the app and processor right?
Also I have Golflogix and tried to upgrade. My phone goes to googlepay for the upgrade. Anyone know how to change that?
I own a significant amount of shares but trying to figure out more before going for a million.
I stand corrected. My point was that the company did well under rumor so if this pans out with the restaurant, it could do very well.
longterm running an franchise operation can be very profitable. look at a company like Winmark-$89 A SHARE.(they franchise once upon a child stores). Their only expenses is for a consulting force that visits each franchisee and helps them increase sales and profits. virtually no expense and no debt. Thus this might not warrant a typical restaurant model for profits everyone is referencing. Sounds like we are talking about opening store,sell it and collect franchise fee. later just sell franchise and collect fees.
This stock went to .20 on an idea of a water treatment machine. So with an actual store/product. First things first. Lets get a store and confirm it. Not to be a debbie downer but ANYONE can generate a PR. I used to do them for my consulting business. No one verifies info. lets get the site confirmed first. Then we can start to get really excited.
That's really really cheap for a commercial space. Especially one that is restaurant size. Announcement did say it would escalate after first year. Normal rent is in the 10K-15K a month. Maybe JB is a helluva negotiator. If its correct that it just make the store all the more profitable the first year.
Thanks. Have a great day!
Hmmm, that's interesting. Just have to wait and see if the restaurant deal is more solid and real than the Cui deal. It would be great if EEDG still has the deal in place. I don't see anything on the Cui website however that mentions any relationship. Oh well. Just wait and see.
Can anyone tell me if we are still affiliated with the drink company
Cui ???? Its the company that makes the watermelon drink. I remember a distribution idea announced back in March 2013.
Unfortunately over 1.2 mil in consulting fees !!! Yikes. Whats up with that??? Anyone know?
Unfortunately over 1.2 mil in consulting fees !!! Yikes. Whats up with that??? Anyone know?
Typically takes about 5 days l sometimes more.
Hell I would be happy if the financials were prepared by a 3rd party. That's cheaper than an audit and something people can have confidence in as no real accounting firm would want their reports determined to be misleading or consistent with fraud.
Because Marley is being run like a legitimate company. You can find it in just about any store. I have yet to find KOMA in MN.
Throw in that the name and association with Bob Marley is much more likely to catch your attention than KOMA.
Trust me I was disappointed to see it outdo KOMA but it is what it is.
I'm a big shareholder of BBDA but I have to say that all the distributors in the world means nothing if the stock price doesn't move when financials are out and supposedly impressive. I repeat, the firm boast 33% profit and the stock price barely moves. This firm should be trading well in the dimes or quarters if financials were creditable. I'm hoping that this guy gets things together. I have decided to let my shares sit and I've gone on to other investments that are more predictable (pulse and reed).
And like that, its gone! LOL. Nice while it lasted. ha ha
Thanks, LOL I was thinking of my position and not the 500 shares traded. Calm down Tenure, calm down. LOL. I almost lost my mind when I saw my portfolio today., LOL
Correction: My prior post was making thinking of my position not the actual amount traded. Thanks for the correction. It makes a bit more sense.
Still gotta be a mistake or someone painting up the price for some reason.
Is this a joke or did someone forget a few zeros on their order? Anyone with any idea?
Here's my thing. This is from Junes release
We are very pleased with the products' performance to date. With $1.6m in revenues and net income of more than half a million dollars in Q1 2013 alone, we are strong and growing.
Now if you have ebita of 33%, (1), you don't need to issue any stock to raise money as you can either self fund growth or use the money to secure bank financing and (2) The stock price would be through the roof. This profit margin is better than Cigarette companies and having worked for one of the biggest, I can tell you stock price for a any other company with 33% ebita would be approaching 3 figures. Investors would be lining up to pump money into this. You might not like what I'm saying or agree but I'm not a basher and in in fact hold a pretty sizable lot of the stock and been a long supporter. It is what it is now. Time to hold what you have, look for something else with better promise. Lots of other beverage companies that have better management and potential(i.e., Reeds, Pulse).
Good luck to all. Diversify, Diversify, Diversify folks.
What?
Current shareholders will be given a discount to market offering on our NYSE Company and then the OTC BBDA Company will be dissolved by me and gone forever. It will not become another company nor have some type name change. IT WILL BE GONE.
WTH is a discount? Doesn't sound like a one for one swap to me.
BeBevCo develops and makes the product plus margin right here in the USA. BeBevCo EU will direct ship to Distribution partners on the continent. BeBevCo EU will also handle everything beyond our shores. This entity requires a large amount of capitalization of its own. BBDA’s current position is 5%, Ahmed is an equity holder and I hold the balance currently. Well of course I hold the balance; I’m one of the founders. Does that mean I will always hold the balance? Of course not…
I'm not putting a dime more into this company. Let me see some audited statements and a public company actually owned by the public first.
Very disappointing and I have been a long and supporter of this firm. Nothing about this sounds or looks or smells legit at this point. Time will tell. I'm disappointed to say the least but at least he didn't talk about race cars and other foolishness.
Yep that's about what I figured. The only way this works out for investors, is if the financials reported in the past is actually true and the market responds big time.
Not even that would matter to me at this point. The firm has shown time after time that it does not respond to financial performance so it appears to be immune to good financial performance. Can't explain it. I wish I could but the firm boasts a profit margin of 30% but the stock price does nothing when the financials are released. There are firms that post losses and have higher stock prices.
NYSE? I doubt that. I see no way to do this without a massive restructure 1000 for 1. I wish! Time will tell but I've already turned my focus to other stocks and consider this a ticking time bomb. I hope I'm wrong.
http://usequities.nyx.com/regulation/listed-companies-compliance/listings-standards/us
Well as much as I would like to agree, I have to say that the purpose of management in a publically traded firm is to INCREASE SHAREHOLDER VALUE. Over the past year, the stock value has decreased dramatically even though the CEO keeps announcing how many new vendors we have and releasing unaudited statements that show a firm making 30% profit on sales(somewhere about that). This doesn't make sense to me and I know a few things about how stocks respond to news and financials. There is something smelly here. I would advise anyone looking at this stock to refrain from investing until the stock hits about .05 - .10 cents. Those of us that are owners, its time to find some other decent investment and forget about this one and hope to be surprised one day. Anyone looking for a solid drink company with real potential, email me and I'll send you the ticker
Well its nothing different from the fitness franchises like Snap fitness and Anytime, etc. They all have the same franchise information and similar websites. Doesn't make them illegitimate. If GWC was doing something shady, they would just copy everything and not part of if. It could be that's the company that we modeling ourselves after.
This page wasn't copied that's for sure. LOL
http://www.gourmetchickencompany.com/Investment-Opportunity-Resume-Atlanta-GA.html
I think they also mentioned looking at some buyout scenarios. Regardless, it doesn't appear to be odd to me. I think a lot of investors want to see these juicy PR's but its looking more and more like this company is trying to build something real. That takes time.
Anything is possible but the fact remains that the company got coverage in WSJ and other outlets without being paid. Maybe they paid to announce that they were covered in the WSJ but they didn't pay for the original story. Thats a positive in my book. I don't like the dillution anymore than anyone else(assuming that its going on). Just gotta role with it and see what happens. In the end this stock reprsents a small risks/eward play in my portfolio.
Just the article in the Wall Street journal and other major outlets that talked about the top relaxation drinks. It mentioned Koma specifically as the only publically traded company in the industry. Thats about it for news.